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Nov 9, 2012
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i hope that president obama, you know, works on that. i think he has been working on that. >> and you've been traveling a lot. i know technology has been important as well. i want to get to that in a moment. you mentioned the fiscal cliff. let's stay there for a moment. what are the implications of going over the fiscal cliff. you've been vocal on this subject. you created a task force. you've take an lead in terms of fixing the debt. what are the implications of going off that fiscal cliff? >> let's separate the two. jpmorgan is one of a couple hundred companies getting involved in fix the debt. it's everybody. there's the long run. so fix the debt is more like a simpson-bowles solution. we need a solution. business generally has been supportive of a solution that fixes the problem. we just want a rational, thoughtful solution. the immediate one is this cliff, which is december 31st, midnight, $600 billion. a static analysis, which says the economy dropped by 3 or 4%. the world isn't static. before december 31st, you might see the effec
i hope that president obama, you know, works on that. i think he has been working on that. >> and you've been traveling a lot. i know technology has been important as well. i want to get to that in a moment. you mentioned the fiscal cliff. let's stay there for a moment. what are the implications of going over the fiscal cliff. you've been vocal on this subject. you created a task force. you've take an lead in terms of fixing the debt. what are the implications of going off that fiscal...
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Nov 9, 2012
11/12
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. >>> plus what will obama do about the looming fiscal cliff? we'll have plenty of analysis from commentators. >> and we'll hear first from the cfo of aliance. but first day two data suggested growth is picking up and inflation is moderating meaning beijing may have more scope to ease if necessary. ppi industrial output and retail sales all came in better than forecast. eunice joins us from beijing. i'd hate to suggest this is quite good timing for this data. very convenient. >> what are you suggesting? a lot of people are saying that the numbers are showing the economy is bottoming out and a lot of people do use the numbers as a guideline at least. they're saying the investment figures were encouraging. looking relatively strong. the government hasn't put up of much money in the infrastructure projects, so that's part of the equation here. other part is retail and consumption side actually look pretty good. numbers came in at 14.5% growth and that beat expectations. a lot of that was because people are buying more food as well as automobiles. n
. >>> plus what will obama do about the looming fiscal cliff? we'll have plenty of analysis from commentators. >> and we'll hear first from the cfo of aliance. but first day two data suggested growth is picking up and inflation is moderating meaning beijing may have more scope to ease if necessary. ppi industrial output and retail sales all came in better than forecast. eunice joins us from beijing. i'd hate to suggest this is quite good timing for this data. very convenient....
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Nov 5, 2012
11/12
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obama is elected. he wants to spend money on the infrastructure, and caterpillar has actually done pretty well over the past month, given that the market, the broader market has not done particularly well, and that b-to-b, at least as far as asia is concerned isn't doing particularly well. if you want to spend money and create jobs, then taking the politics out of it, probably the way to do it is infrastructure. and god knows the northeast is going to need plenty of infrastructure spending over the next couple of years. so i think caterpillar does really well if mr. obama is reelected, for more on the question of which candidate will be better for the markets, let's bring in the chief economist at cibc world markets. welcome, avery, to the show. and the conventional thinking is that obama is better for bonds, romney better for stocks. do you agree? >> i think that's the one-day knee-jerk reaction. but i think knee-jerk reactions can be wrong. you know, attend of the day, what equities really need is gr
obama is elected. he wants to spend money on the infrastructure, and caterpillar has actually done pretty well over the past month, given that the market, the broader market has not done particularly well, and that b-to-b, at least as far as asia is concerned isn't doing particularly well. if you want to spend money and create jobs, then taking the politics out of it, probably the way to do it is infrastructure. and god knows the northeast is going to need plenty of infrastructure spending over...
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Nov 19, 2012
11/12
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during the president obama years we went from 32% of gdp to 40% of gdp. germany's 42%. we're not far behind them. then you have france and italy and spain -- >> steve, dan, michael, thank you so much, guys. we really appreciate it. >> we have a lot more to say on this topic. >> it's one that could go on for a while here. >> we're heading to -- by the way f we become france and italy, does that mean the bread and cheese and water -- >> 20 minutes to go here, hanging onto those gains. we rallied in the open. the dow's up 177. >> i could see you at a cafe with a cigarette hanging out. >> you haven't seen anything yet. find out why our next guest says even bigger gains are on the horizon if things go the way he thinks they're going. >> walmart moving up its dividend payout from january up to december to avoid the looming fiscal cliff tax increase. should companies and investors be making these huge decisions based on uncertainties? we'll look at that coming up. when you take a closer look... ...at the best schools in the world... ...you see they all have something very inte
during the president obama years we went from 32% of gdp to 40% of gdp. germany's 42%. we're not far behind them. then you have france and italy and spain -- >> steve, dan, michael, thank you so much, guys. we really appreciate it. >> we have a lot more to say on this topic. >> it's one that could go on for a while here. >> we're heading to -- by the way f we become france and italy, does that mean the bread and cheese and water -- >> 20 minutes to go here, hanging...
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Nov 14, 2012
11/12
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. >>> president obama gets more input today on how to tackle the fiscal cliff. he'll meet with several ceos this afternoon with a press conference at 1:30 p.m. eastern. the group includes the heads of american express, xerox, ge, and honeywell. the white house says he'll call for $1.6 trillion in tax hikes on businesses and wealthy americans, more than republicans are likely to accept. speaking at a "wall street journal" event tuesday, tim geithner warned congress against delaying a solution to the fiscal crisis. >> if you say again, as we've had to do before, because there was no alternative, we're going to extend and delay, what gives people confidence that people have to negotiate this will come to the table and negotiate? they always believe they can just extend again. i know the cliff is unattractive. it would cause a lot of damage to the american economy. that damage is imminently avoidable. not that complicated to solve. >> hmm, not that complicated. not so sure. just as one leadership transition is behind us -- oh, i should mention before we move on to t
. >>> president obama gets more input today on how to tackle the fiscal cliff. he'll meet with several ceos this afternoon with a press conference at 1:30 p.m. eastern. the group includes the heads of american express, xerox, ge, and honeywell. the white house says he'll call for $1.6 trillion in tax hikes on businesses and wealthy americans, more than republicans are likely to accept. speaking at a "wall street journal" event tuesday, tim geithner warned congress against...
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Nov 6, 2012
11/12
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are markets right to believe an obama win? >> there are several factors obviously the past week with hurricane sandy has galvanized several voters in the way the president handled the crisis. it's really motivated many democrats and independents to really come out and rejuvenate sort of the vote. and i think -- i don't know if i'd put it as high as nate silver, but do i think that it bodes well for the president today. >> how important is the turnout, how much do you think the weather has had on hurricane sandy? >> turnout is always key. we can project -- we have been projecting these things and debating them for the past few months, but it all boys down to today. and i think that the situations of the united states especially in the northeast corridor are definitely voted to do so. granted there will be some individuals who just won't be able to because they aren't in their district, they no longer have homes and they're dealing with much larger issues. but i think those that are able to vote will definitely come out and vote
are markets right to believe an obama win? >> there are several factors obviously the past week with hurricane sandy has galvanized several voters in the way the president handled the crisis. it's really motivated many democrats and independents to really come out and rejuvenate sort of the vote. and i think -- i don't know if i'd put it as high as nate silver, but do i think that it bodes well for the president today. >> how important is the turnout, how much do you think the...
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Nov 15, 2012
11/12
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the report comes after president obama challenged congress. in his first press conference since the election, he says he's willing to compromise with republicans over how to raise new revenues to cut the definite set. he said much of the threat from the fiscal cliff would be removed if they would pass a bill to pass a tax break for americans with less than $250,000 a year. >> i believe this is solvable. i think that fair minded people can come to an agreement that does not call the economy to go back into recession, that protects middle class families, that focuses on jobs and growth and reduces our deficit. >> more from austan goolsbee on that in just a bit. egypt's foreign minister is calling on the united states to, quote, immediately speak screen to end israeli aggression on gaza. after the break, we'll hear from the middle east where israel launched a new offensive after rocket attacks killed israeli civilians. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift?
the report comes after president obama challenged congress. in his first press conference since the election, he says he's willing to compromise with republicans over how to raise new revenues to cut the definite set. he said much of the threat from the fiscal cliff would be removed if they would pass a bill to pass a tax break for americans with less than $250,000 a year. >> i believe this is solvable. i think that fair minded people can come to an agreement that does not call the...
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Nov 13, 2012
11/12
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so in that sense, i think obama has an advantage. on the other hand republicans do have a good case to make when it comes to taxes because something that's not often discussed is that the costs of obama care will start to kick in in 2013. one example, businesses which hire 50th notice ewill face a fine of $40,000 if they don't take on government approved health care insurance. so republicans can argue that when we approach this fiscal cliff, we have to keep costs and regulations as light as possible and any tax increase could be harmful. so there is some argument on this. >> is it telling us that glenn hubbard is basically saying, yes, we need to close he loopholes and cap deductions, but also we're willing to give when it comes to higher taxes on the wealthy? it seem like it's becoming the end game. >> equally significant to grefer norquist one of the big anti-tax champions said we have to look again at a carbon tax idea. which the congress ional budget said. i like the cliff you played of senator bob corker very significant saying
so in that sense, i think obama has an advantage. on the other hand republicans do have a good case to make when it comes to taxes because something that's not often discussed is that the costs of obama care will start to kick in in 2013. one example, businesses which hire 50th notice ewill face a fine of $40,000 if they don't take on government approved health care insurance. so republicans can argue that when we approach this fiscal cliff, we have to keep costs and regulations as light as...
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Nov 12, 2012
11/12
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president obama meets with u.s. business labor and civic leaders this week to tackle the looming fiscal cliff before he sits down with that house and senate leaders on friday. and lorenzo smaghi says greece needs more time. and japanese gdp shrinks for the first time since last year, the economics minister warning the country may already be in recession. still to come, best buy fires the latest shot in the global tablet wars. can the struggling chain flex its muscle against the dominant players apple, samsung and amazon. we put the retailer's devices to the test. >>> bond markets are closed state side. stocks are trading. slightly up start. the s&p and nasdaq down nearly 2.5% each. as far as european stocks ahead of the u.s. open, fairly mixed at the moment. cac 40 down 0.2%. bond yields lower in germany and the uk. slightly higher in spain and italy. spanish yelleds just under 5.9%. now, apple and htc have buried the hatchet, settled their outstanding patent litigation. the companies have signed a broad ten year li
president obama meets with u.s. business labor and civic leaders this week to tackle the looming fiscal cliff before he sits down with that house and senate leaders on friday. and lorenzo smaghi says greece needs more time. and japanese gdp shrinks for the first time since last year, the economics minister warning the country may already be in recession. still to come, best buy fires the latest shot in the global tablet wars. can the struggling chain flex its muscle against the dominant players...
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Nov 16, 2012
11/12
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. >>> and president obama meets with top u.s. lawmakers to begin budget talks as the fiscal cliff looms. both sides are digging in their heels on on tax hikes and spending hikes. against all of the political changes we're seeing today, first i want to show you the market action. stoxx 600 is sitting roughly flat, but we've seen interesting trading session where the nikkei really surging to the up side again today. more on that in a bit. take a look at what's happening across europe because after a couple of uglier days in the market, we're seeing something of a comeback now led by technology, retail stocks are also in the green, food and beverages, autos among the sectors dragging on the in-dek. we can take a closer look at the bourses. ibex is down. ftse 100 sam thing, so we'll keep an eye on all these levels as the show progresses this morning. the bond space is where we've been focusing our attention with spain and greece on. spain today seeing prices rise, yields coming down to 5.78%. italy seeing a bit of a rally, too. sello
. >>> and president obama meets with top u.s. lawmakers to begin budget talks as the fiscal cliff looms. both sides are digging in their heels on on tax hikes and spending hikes. against all of the political changes we're seeing today, first i want to show you the market action. stoxx 600 is sitting roughly flat, but we've seen interesting trading session where the nikkei really surging to the up side again today. more on that in a bit. take a look at what's happening across europe...
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Nov 26, 2012
11/12
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. >>> president obama even got in on the holiday shopping action. he visited an independent bookstore in virginia on small business saturday after resulting his list on his blackberry you can the president bought 15 children's books as gifts. >>> policy meeting gave markets more reason to expect monetary easing from the central bank. two of the newcomers said the boj should reinforce its commitment to policy easing by saying it will continue an ultra easy policy. he also said inflation has the potential to k3 seed 1% if tokyo and private sector efforts bear fruit. we've seen euro-yen near 7 1/2 month highs. same for dollar-yen, as well. what are the prospects for the yen to weaken further bearing in mind there must be a lot in the price. p. >> i do think we've seen a lot priced into the dollar-yen at the moment. it's really been on the rhetoric that's coming into the laekelec. this week he said, we saw some backtracking in the main and opposition party and weren't so aggressive when it came to easing. they said they let the central bank set their ow
. >>> president obama even got in on the holiday shopping action. he visited an independent bookstore in virginia on small business saturday after resulting his list on his blackberry you can the president bought 15 children's books as gifts. >>> policy meeting gave markets more reason to expect monetary easing from the central bank. two of the newcomers said the boj should reinforce its commitment to policy easing by saying it will continue an ultra easy policy. he also said...
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Nov 30, 2012
11/12
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i think obama will be speaking at some point today. and so that's definitely what traders have been focused on. but still while we are holding these bid levels, really kind of chop type trade and not a lot of energy, not a lot of yiks for the most part. >> what about the slew of special difference sends we've be dividends we've been seeing? >> i think that's been encouraging for the most part. but one thing i just heard about the dividends from microsoft and oracle, but i heard pc sales for microsoft were off like 20 some% year to year. so while they came out with the windows 8 launch into the holidays, really it's kind of backfired for the most part and there hasn't been a lot of major response to that relative to some of the other apple type releases that we've seen. and again it's just faltering if you will. but i think the positive energy if you will certainly contributed as well as the economic data this terms of contributing to the up side activity. but it's a bit of a grind to the up side. again, not these -- other than wednesda
i think obama will be speaking at some point today. and so that's definitely what traders have been focused on. but still while we are holding these bid levels, really kind of chop type trade and not a lot of energy, not a lot of yiks for the most part. >> what about the slew of special difference sends we've be dividends we've been seeing? >> i think that's been encouraging for the most part. but one thing i just heard about the dividends from microsoft and oracle, but i heard pc...
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Nov 28, 2012
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it comes as president obama will continue to push. eamonn has more on the fight from capitol hill. >> if there was any question that the market is hanging on every word of this fiscal cliff debate here in washington, it was answered yesterday when senator harry reid came out before cameras and said that he was upset that there had been "little progress in the negotiations on the fiscal cliff." the indexes really took a dive. let me play you a bit of what harry reid had to say. >> there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we only have a couple weeks to get something done. so we have to get away from the happy talk and start talking about specific things. >> so the important thing there is what harry reid actually said, which is he said that he doesn't think there's been enough progress from republicans. what he's meaning when he says that is that he doesn't think that they've conceded enough. so what the market took yesterday is a symbol
it comes as president obama will continue to push. eamonn has more on the fight from capitol hill. >> if there was any question that the market is hanging on every word of this fiscal cliff debate here in washington, it was answered yesterday when senator harry reid came out before cameras and said that he was upset that there had been "little progress in the negotiations on the fiscal cliff." the indexes really took a dive. let me play you a bit of what harry reid had to say....
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Nov 8, 2012
11/12
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some cited president obama's win here as a key reason for that. apple also one of the names in focus. it breached correction territory down 20% from its peak this year. it shed more than 4% as you can see yesterday and that's certainly given apple's size, importance and holdings spooked the market. one point of solace is that the vix did not leap yesterday even though markets were selling off. it moved higher. it did add about 8%, but at 19, still below sort of the 20 or certainly high 20 levels that would perhaps have signaled more trouble ahead. so we'll see if that means anything for the market today. of course we have seen european markets turn weaker in just the last couple minutes. now, u.s. political leaders are promise to go avoid the ever looming fiscal cliff. john boehner said he'd pursue a deal with president obama that would include higher taxes under quote/unquote the right conditions to help. our next guest says obama's victory will lead to a risk on phase in markets especially when it comes to the u.s. dollar. joining us is dara mah
some cited president obama's win here as a key reason for that. apple also one of the names in focus. it breached correction territory down 20% from its peak this year. it shed more than 4% as you can see yesterday and that's certainly given apple's size, importance and holdings spooked the market. one point of solace is that the vix did not leap yesterday even though markets were selling off. it moved higher. it did add about 8%, but at 19, still below sort of the 20 or certainly high 20...
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Nov 5, 2012
11/12
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obama, white men favor obama. there's just not enough -- >> favor romney. >> i mean favor romney. there's not enough white men out there to swing romney. that's how i feel. >> the journal points out today they think the end of the election is a win for the markets no matter what happens because it takes some uncertainty off the table. what do you two think? >> i totally agree. i feel like we are beleaguered by the election. i would love to go back to fundamentals and worry about greece. >> do you think we'll talk about the fiscal cliff wednesday morning? >> i think that a resolution will enable one party to be able to blink, i hope, or at least be able to say, look, we have to come together. the fiscal cliff is one that is -- i keep thinking it's much more of a fiscal hill that's been the new slope. anything that says, okay, look some party is in jeopardy or some people is in jeopardy will make somebody blink. i think we're a great country and that we'll solve this. >> guys, we'll see you in a few minutes coming u
obama, white men favor obama. there's just not enough -- >> favor romney. >> i mean favor romney. there's not enough white men out there to swing romney. that's how i feel. >> the journal points out today they think the end of the election is a win for the markets no matter what happens because it takes some uncertainty off the table. what do you two think? >> i totally agree. i feel like we are beleaguered by the election. i would love to go back to fundamentals and...
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Nov 8, 2012
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he wants four for obama so hillary can run. is it going to be good no matter the next four years or the last? >> i think it's going to get worse before it gets better. one of our views at our firm is that business cycles are going to be shorter, they'll be more typical. you go into recessions every four and five years which is more normal. the '80s and '90s were anomalies, very long cycles and long expansions. >> the average duration of the business cycle since the '20s is 38 months and guess when that ended? this month. >> right. >> i don't know what would have happened yesterday, steve f romney had been elected. >> all kinds of people would have been saying all kinds of things. you can be sure about that. >> we might have been done better than down 300. i don't know for sure. maybe there's other things. >> i'm with andrew in the following way i find it impossible to believe the market did not discount an obama victory the way -- >> you were just arguing romney was going to win, that's why it would be a good year. >> quickly c
he wants four for obama so hillary can run. is it going to be good no matter the next four years or the last? >> i think it's going to get worse before it gets better. one of our views at our firm is that business cycles are going to be shorter, they'll be more typical. you go into recessions every four and five years which is more normal. the '80s and '90s were anomalies, very long cycles and long expansions. >> the average duration of the business cycle since the '20s is 38 months...
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Nov 29, 2012
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geithner is president obama's lead negotiator in the budget talks. he'll first meet with harry reid at 10:00 followed by john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then he'll meet with house minority leader nancy pelosi. president obama is signaling he's flexible on where tax rate shoes go if the wealthiest americans. return to clinton era tax rates would have house holds playing between 36% to nearly 40%. the president met with a group of ceos wednesday. they offered support for resolving the fiscal cliff crisis with a proposal that includes higher taxes for those who make more than a quarter million dollars a year. >> at this point both sides have acknowledged that there is going to be revenue concessions and there will be entitlement concessions. in fact if you listen to it, again, i'm not a master of the political art here, but i would say if you have these point of views in the business context as close as they are, i would say a deal would be in reach. >> interesting. bill ford jr. agrees with blankfei
geithner is president obama's lead negotiator in the budget talks. he'll first meet with harry reid at 10:00 followed by john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then he'll meet with house minority leader nancy pelosi. president obama is signaling he's flexible on where tax rate shoes go if the wealthiest americans. return to clinton era tax rates would have house holds playing between 36% to nearly 40%. the president met with a group of ceos...
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Nov 29, 2012
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president obama hopeful that it can be reached before christmas. eam eamon has more on this. >> for the past few days i've been on air explaining why markets are wrong to react to the washington boilerplate headlines. that's washington boilerplate but we did get some comments here last night in washington with lloyd blank fein and john harwood on air that i think are significant and will move the needle here on this deal. take a look at how lloyd blankfein said president obama explained it last night. >> the president was, you know, gave us a lot of time. he and the staff went through a very detailed plan of what the plan was for balancing the budget. devil in the details. there was a lot of details, and i would say i think there was a lot -- it was very credible. >> now, the political significance here of the head of goldman sachs calling the president's plan very credible is probably great news for the white house. it gives them the type of political cover they were look for from the ceo meeting. if you're a neutral person who doesn't care what t
president obama hopeful that it can be reached before christmas. eam eamon has more on this. >> for the past few days i've been on air explaining why markets are wrong to react to the washington boilerplate headlines. that's washington boilerplate but we did get some comments here last night in washington with lloyd blank fein and john harwood on air that i think are significant and will move the needle here on this deal. take a look at how lloyd blankfein said president obama explained...
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Nov 14, 2012
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the fiscal cliff, about a dozen ceos are scheduled to meet with president obama. ken shenalt of american express. among the corporate leaders, lloyd blankfein, in an op-ed, the goldman sachs ceo says the obama administration should model itself after the roosevelt administration, back to the great depression and world war ii. blankfein notes in the 19 there was, quote, extreme bitterness between the business community and the roosevelt administration, but two sides worked together and spurred an increase in industrial production that lifted the united states out of the great depression. blankfein also writes there's more than $1 trillion of cash sitting on the balance sheets of non-u.s. financial companies with certainty about tax rates, companies will increase their capital expenditures, currently at anemic levels. he goes on to add that broadening the personal income tax base by closing loopholes will generate substantial additional revenue while minimizing increases in marginal rates that could stifle risk taking and robust growth. blankfein also stresses the i
the fiscal cliff, about a dozen ceos are scheduled to meet with president obama. ken shenalt of american express. among the corporate leaders, lloyd blankfein, in an op-ed, the goldman sachs ceo says the obama administration should model itself after the roosevelt administration, back to the great depression and world war ii. blankfein notes in the 19 there was, quote, extreme bitterness between the business community and the roosevelt administration, but two sides worked together and spurred...
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Nov 27, 2012
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meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we'r
meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how...
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Nov 15, 2012
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yesterday business leaders urged president obama and lawmakers to prevent a year end across board tax rise that will go into act unless congress acts. >> he understands it requires a combination of tax increases and title refor and discretionary spending cuts that dnl democrats and republicans have to work together. i'm is sure there will be a lot of forth and back between republicans and democrats, the congress and the president as they start to work their way to a deal. but i'd say there's strong recognition of the significant of getting a deal for the ben fft t benefit of the american public. >> this is all about trying to make american business more competitive, trying to have a fair balanced approach to tax refo reform. the president was clear he wants a balanced approach and we were clear we are behind him. >> top the president and top member of congress will be meeting. cnbc is urging leaders to rise above partisan rhetoric to try to find a solution and in that spirit, we have two guest hosts. first of all, george p. bush, and jared bernstein, both joining us to talk about poli
yesterday business leaders urged president obama and lawmakers to prevent a year end across board tax rise that will go into act unless congress acts. >> he understands it requires a combination of tax increases and title refor and discretionary spending cuts that dnl democrats and republicans have to work together. i'm is sure there will be a lot of forth and back between republicans and democrats, the congress and the president as they start to work their way to a deal. but i'd say...
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Nov 16, 2012
11/12
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president obama won on tuesday last. the speaker of the house congratulated him and lid out a pathway for the president to lead the nation on how to avoid the fiscal cliff and transform us in to the world class status we want to stay and maintain. so far i think the language is good. there's opportunities i think to find common ground. there's no voices on the republican side really saying let's go over this fiscal cliff. instead, let's find a remedy and move forward. >> we've already gotten a trial balloon of sorts this morning from the journal talking about various talks within the white house to revamp a sequester. as we go our way in to thanksgiving, obviously, a holiday week, a shortened week, how attuned is your radar to some of these trial balloons and which do you think are going to resonate? >> we are all very attuned to when's going on but remember the house of representatives already acted on these -- both of these issues relating to the fiscal cliff by arguing to extend the current rates for another year and
president obama won on tuesday last. the speaker of the house congratulated him and lid out a pathway for the president to lead the nation on how to avoid the fiscal cliff and transform us in to the world class status we want to stay and maintain. so far i think the language is good. there's opportunities i think to find common ground. there's no voices on the republican side really saying let's go over this fiscal cliff. instead, let's find a remedy and move forward. >> we've already...
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Nov 12, 2012
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that would work but we're not hearing that from president obama. he's still talking about rates. >> imagine the revenue explosion in federal government if you do 3.5% to 1.5%. simple as all that. >> peter, thank you. >> thank you. >>> coming up, the ceo of televisa. >>> time for today's aflac trivia question. on this day in 1993, the top song of the billboard hot 100 list was "i'd do anything for love" by michael lee aday, better known by what name? the answer when cnbc's "squawk box" continues. huh! no! who's gonna help cover the holes in their plans? aflac! quack! like medical bills they don't pay for? aflac! or help pay the mortgage? quack! or child care? quack! aflaaac! and everyday expenses? huh?! blurlbrlblrlbr!!! [ thlurp! ] aflac! [ male announcer ] help your family stay afloat at aflac.com. plegh! is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearly indestructible laptops, and
that would work but we're not hearing that from president obama. he's still talking about rates. >> imagine the revenue explosion in federal government if you do 3.5% to 1.5%. simple as all that. >> peter, thank you. >> thank you. >>> coming up, the ceo of televisa. >>> time for today's aflac trivia question. on this day in 1993, the top song of the billboard hot 100 list was "i'd do anything for love" by michael lee aday, better known by what name?...
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but i think they identify with obama and would like to see an obama victory. we have several players who are waiting to see the result of the american elections and therefore the israeli center left and definitely left actually supports obama, which was not the case when obama began his tenure because at the time, really most of israel had reservations about him. i would say he became much more popular with the left and left of center while the rights were in almost in demonic tombs. >> you have multiple identities. you're an arab-israeli. the second, you're a news anchor in italy, so steeped in that european culture. how does it strike you? >> well, if you think of europe, definitely europe is pro obama. mine they're seeing how pragmatic he was. i mean we also took out of the way of this right-wingsed way of speaking, being tough with the world, insulting everybody no matter what, with them or with us or against us. let's remember. the world also disliked abu ghraib, guantanamo bay, invasion of attack. obama stepped in and actually embraced the arab spring. l
but i think they identify with obama and would like to see an obama victory. we have several players who are waiting to see the result of the american elections and therefore the israeli center left and definitely left actually supports obama, which was not the case when obama began his tenure because at the time, really most of israel had reservations about him. i would say he became much more popular with the left and left of center while the rights were in almost in demonic tombs. >>...
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obama got it done. that's on the agenda. barack obama got it done. i'm not sure he handles things politically as a politician like he maybe should have, like lyndon johnson would have. but i give him good grades. i think clinton does an even better job, but i think he does fine. >> what about you? >> i think history will be kinder to president obama than the discussion we're having right now. you look back and we say, okay, we got health care, we got over the cliff of the horrible financial situation, the economy is going again, you know, osama bin laden, various things happened. so i think history will look back on a pretty successful, a very successful first term, and it's somewhat surprising that our political system right now sort of doesn't allow that narrative to emerge because we're so contentious these days. >> what do you think about that, edward? >> i've been disappointed through that cathartic, marvelounight he was elected. the biggest night i experienced was the election of richard nixon. he hasn't made a speech to compare since he was un
obama got it done. that's on the agenda. barack obama got it done. i'm not sure he handles things politically as a politician like he maybe should have, like lyndon johnson would have. but i give him good grades. i think clinton does an even better job, but i think he does fine. >> what about you? >> i think history will be kinder to president obama than the discussion we're having right now. you look back and we say, okay, we got health care, we got over the cliff of the horrible...
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Nov 30, 2012
11/12
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they'd have to go to the obama exchanges and with low incomes and get subsidies there to buy private insurance which probably in the end would be more expensive than medicare, so actually, you would just move from here to here and you might even increase the deficit. >> interesting point, but i still find it a little bit hard to believe. when you say we don't have to make substantive change to a program that's going to consume all of our federal spending if we keep going the way we're going, we do need to make substantial changes. it's going to hurt. >> i didn't say that. i'm part of the quality health care coalition. we want to move to out space medicine. we want every state to be as efficient as my state and 16 other states who provide care at about the third of the cost of florida and fourth of the cost of new york. we need to rationalize the system across the country and go to those states that are wasting a bumpbl of money and make them more efficient providers. we need to negotiate the prescription drug prices saving a quarter of a trillion dollars and you know, we need to reig
they'd have to go to the obama exchanges and with low incomes and get subsidies there to buy private insurance which probably in the end would be more expensive than medicare, so actually, you would just move from here to here and you might even increase the deficit. >> interesting point, but i still find it a little bit hard to believe. when you say we don't have to make substantive change to a program that's going to consume all of our federal spending if we keep going the way we're...
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Nov 20, 2012
11/12
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>> colom have dinner with barack obama worked pretty well. -- come have dinner with barack obama worked pretty well. people want to care about your guide. >> what was the most helpful analytic tool you had this time that he did not have in 2008? >> i think targeted sharing was incredibly important to us. i think we modeled better. we build support scores for every voter on whether or not they were going to support the president. >> what would that have included? commercial databases? >> that is overrated. the stuff we knew after five years, whether you slammed the door in our face, how you voted, how many primaries, things most people had allowed us to -- we went to an everyday ensample people to see whether or not our model was right. and how people were going to vote was within 1%. our modeling predicted our final vote in florida within 0.2%. >> you are confident in your data because of the redundancy you had. tell us about the date you got every night. >> i hope we get into my feelings on american polling, especially the public wants, we decided to go deep. we had an hour and alex te
>> colom have dinner with barack obama worked pretty well. -- come have dinner with barack obama worked pretty well. people want to care about your guide. >> what was the most helpful analytic tool you had this time that he did not have in 2008? >> i think targeted sharing was incredibly important to us. i think we modeled better. we build support scores for every voter on whether or not they were going to support the president. >> what would that have included?...
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Nov 21, 2012
11/12
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>> colom have dinner with barack obama worked pretty well. -- come have dinner with barack obama worked pretty well. people want to care about your guide. >> what was the most helpful analytic tool you had this time that he did not have in 2008? >> i think targeted sharing was incredibly important to us. i think we modeled better. we build support scores for every voter on whether or not they were going to support the president. >> what would that have included? commercial databases? >> that is overrated. the stuff we knew after five years, whether you slammed the door in our face, how you voted, how many primaries, things most people had allowed us to -- we went to an everyday ensample people to see whether or not our model was right. and how people were going to vote was within 1%. our modeling predicted our final vote in florida within 0.2%. >> you are confident in your data because of the redundancy you had. tell us about the date you got every night. >> i hope we get into my feelings on american polling, especially the public wants, we decided to go deep. we had an hour and alex te
>> colom have dinner with barack obama worked pretty well. -- come have dinner with barack obama worked pretty well. people want to care about your guide. >> what was the most helpful analytic tool you had this time that he did not have in 2008? >> i think targeted sharing was incredibly important to us. i think we modeled better. we build support scores for every voter on whether or not they were going to support the president. >> what would that have included?...
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Nov 28, 2012
11/12
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president obama did not event trillion dollar deficit. he inherited them. the day he took office, we were in a freefall. despite extraordinary steps needed to do with a great recession, the deficit has decreased every year for the last three years, from 10% of gdp in 2009 to 7% of gdp today. the source is not the democratic national committee, but a respective publication. it has fallen faster over the past three years than it has in any stretch since demobilization in world war ii. after that, the only time the deficit has fallen faster is when the economy relapsed. the article went on to say, if u.s. history offers any guide, we are already testing the speed limits of a fiscal consolidation that does not risk backfiring. that is the point i am making. let us be careful as we implement deficit reduction that we are sensitive to the recovery. we do not move too quickly. now comes the basics. i go back to simpson-bowles. i think they have it right. put everything on the table. not only taxes and revenue, but spending cuts and entitlement reform. let me speak
president obama did not event trillion dollar deficit. he inherited them. the day he took office, we were in a freefall. despite extraordinary steps needed to do with a great recession, the deficit has decreased every year for the last three years, from 10% of gdp in 2009 to 7% of gdp today. the source is not the democratic national committee, but a respective publication. it has fallen faster over the past three years than it has in any stretch since demobilization in world war ii. after that,...
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Nov 21, 2012
11/12
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-- an obama appointee. i would not bet on it. host: we are taking your calls on the supreme court in the near term and longer-term issues. john from texas on the republican line is next. caller: good morning, i am very familiar with the hubbub about the affirmative action deal in texas. i'm a former teacher. we have an inconsistency in standards among our bicycles. students graduating from high year to year high schools are much better prepared for college than kids from the inner cities. what we found is that universities are admitting students who are not well qualified based on the affirmative action. they are finding that many of the students coming in under that role are failing. in their first year and not becoming good students. we want the affirmative action thing gone to where we only add that qualified students who have high s.a.t.'s, high grade point averages, and score well on the texas standard tests and to demonstrated the probability of success at college. affirmative action is not working. w
-- an obama appointee. i would not bet on it. host: we are taking your calls on the supreme court in the near term and longer-term issues. john from texas on the republican line is next. caller: good morning, i am very familiar with the hubbub about the affirmative action deal in texas. i'm a former teacher. we have an inconsistency in standards among our bicycles. students graduating from high year to year high schools are much better prepared for college than kids from the inner cities. what...
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Nov 19, 2012
11/12
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orszag was president obama's budget director. next, they are interviewed by peter cook for about a half hour. >> >> the fiscal problems and the tax issues. we have some people. we're talking about finding ground. i am talking with peter orszag sa. we have professor martin feldstein. he has commented on these issues, and donald merrin. we have three experts to talk about these issues. walk us through this minefield and see where they year might be common ground. peter orszag, let me start with you, and the basic question about whether or not tax revenue has to be part of this conversation to begin with and whether the two sites, whether there is more common ground. >> tax revenue has to be part of the solution here, but because of the underlying budget math, but also because of the election that was just held and the desire of at least the administration to obtain that additional revenue. on the substance, the point i would make is whatever comes out of this fiscal cliff arrangements, i will now step out of the bounds of political
orszag was president obama's budget director. next, they are interviewed by peter cook for about a half hour. >> >> the fiscal problems and the tax issues. we have some people. we're talking about finding ground. i am talking with peter orszag sa. we have professor martin feldstein. he has commented on these issues, and donald merrin. we have three experts to talk about these issues. walk us through this minefield and see where they year might be common ground. peter orszag, let me...
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Nov 13, 2012
11/12
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president obama was re-elected. and the obama administration had a number of i think foreign policy and counterterrorism successes during the first administration. obviously osama bin laden was killed in the special operations raid. president obama's oversea drawdown of tops in iraq as well as afghanistan. and yet i think one of the most lasting legacies from the first term of the obama administration may well be what u.s. officials termed the yemen model. this is sort of how it is that the u.s. is going to fight these wars, these wars against nonstate actors, wars against groups like al qaeda in the future. and in many ways i think that during the first term of the obama presidency yemen has become the laboratory for this sort of approach. yemen is now a place over the past four years where the u.s. has tested out different ways in which it could fight al qaeda. so we've seen a number of different approaches and we've seen the obama administration move away from what the bush administration attempted to do with sor
president obama was re-elected. and the obama administration had a number of i think foreign policy and counterterrorism successes during the first administration. obviously osama bin laden was killed in the special operations raid. president obama's oversea drawdown of tops in iraq as well as afghanistan. and yet i think one of the most lasting legacies from the first term of the obama administration may well be what u.s. officials termed the yemen model. this is sort of how it is that the...
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Nov 17, 2012
11/12
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i look at president obama as foundational. or the disappointing when they did not come up with the remedy? yes. you build on them. the reason i was not in favor and the reason you did not hear house republicans in favor is because of the same question as it relates to taxes. we think we have offered an alternative so he can get the revenues he needs. take the victory lap. say, i have these new revenues as a willingness of a republican congress to work with me. eclipse the whole scene and move the tax reform as fast as you can. >> chris van holland suggested you had a mandate specifically on the issue of tax rates to the wealthy. >> if the president had a mandate nancy pelosi would be the next speaker of the house. that will not happen. >> what about your outlook here. how confident are you right now as the first face-to-face negotiations began that there will be a deal you and your colleagues can support? >> very confident. there is an opportunity the president has to lead the country in a way he wanted to in 2008. there is a
i look at president obama as foundational. or the disappointing when they did not come up with the remedy? yes. you build on them. the reason i was not in favor and the reason you did not hear house republicans in favor is because of the same question as it relates to taxes. we think we have offered an alternative so he can get the revenues he needs. take the victory lap. say, i have these new revenues as a willingness of a republican congress to work with me. eclipse the whole scene and move...
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Nov 16, 2012
11/12
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CSPAN2
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president obama was re-elected, and the obama administration had a number of, i think, foreign policy and counterterrorism successes in the first administration. obviously, bin laden was killed in the special operations raid. president obama oversaw the drawdown of troops in iran as well as afghanistan and, yet, i think the lasting legacy from the first term of the obama administration may well be what u.s. officials term the yemen model, how it is that the u.s. is going to fight these wars, these wars against non-state actors, groups against al-qaeda in the future, and in many ways, i think, that during the first term of the obama presidency yemen had become the laboratory for this approach. yemen is now a place over the past four years where the u.s. tested out ways in which it could fight al-qaeda. there's a number of approaches and the obama administration moved away from what the bush administration tempted to do with large ground scale invasions of iraq and afghanistan, and i think everybody who spends any time in yemen would agree that any sort of a boots on the ground approach
president obama was re-elected, and the obama administration had a number of, i think, foreign policy and counterterrorism successes in the first administration. obviously, bin laden was killed in the special operations raid. president obama oversaw the drawdown of troops in iran as well as afghanistan and, yet, i think the lasting legacy from the first term of the obama administration may well be what u.s. officials term the yemen model, how it is that the u.s. is going to fight these wars,...
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Nov 10, 2012
11/12
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and his wife that he become instrumental in making the case for obama's reelection that obama could not make himself. no one is better at mastering the arithmetic as he called of these complicated questions. the number of things on the table at the democratic convention and talk us through were incredible. he just has that ability. probably the high point of his political life. they are very different people. probably the two smartest people who were of president of the united states but bill clinton was someone who could never make up his mind. he would make a decision and then reverse it. you was up at 3:00 in the morning debating these things. barack obama -- he gets all the opinions and here's the mouth and he has a sense of his time frame to make a decision and then he makes a decision. they are very different in style. that is why the bill clinton white house is frequently chaotic and whatever else you want to say about the barack obama white house is not chaotic. >> to your response, if she is a bridgebuilder, bridgebuilders do better behind-the-scenes than in the front. how
and his wife that he become instrumental in making the case for obama's reelection that obama could not make himself. no one is better at mastering the arithmetic as he called of these complicated questions. the number of things on the table at the democratic convention and talk us through were incredible. he just has that ability. probably the high point of his political life. they are very different people. probably the two smartest people who were of president of the united states but bill...
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Nov 15, 2012
11/12
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obama in u.s. obama is better than romney for our interest. this american policy is very detrimental for europe. because -- [inaudible] more higher price of raw materials. and less gross. and during the next years, the domestic demand would be very, very, very weak, and we must expand our possibilities and export, and exportation is. but if it is possible for us to export, well, the situation will be more complicated. and this is, we need a consequence of a agreement between european leaders, and american leaders. if you're trying to recover the economy, with very sound pillars. >> let's look at what's happening in spain right now. you got a situation the last couple of months where there seems have been some stabilization in the bond market. since the ecb, since mario dragging it is commitment that the ecb will buy up the bonds of spain and italy and other countries and possibly, if there is a bailout essential because there is pulled from the european authorities to financial support. to fill the holes in the spanish budget. so when the mark
obama in u.s. obama is better than romney for our interest. this american policy is very detrimental for europe. because -- [inaudible] more higher price of raw materials. and less gross. and during the next years, the domestic demand would be very, very, very weak, and we must expand our possibilities and export, and exportation is. but if it is possible for us to export, well, the situation will be more complicated. and this is, we need a consequence of a agreement between european leaders,...
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Nov 13, 2012
11/12
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we've had today obama's victory, the 95th anniversary of the october revolution, the great socialist day, and you've touched and the historical events. [speaking in native tongue] >> translator: well, i don't really want to cover revolution to cause such enthusiasm in the aisles. well, i mentioned it because you, like me, experience the winds of change in 1989. and one of the consequences was a system where there was social freedoms, individual freedoms, something that those two things couldn't work together for anything for a time to announce a policy been adopted, the city greece and other countries in the periphery of europe, a policy of austerity that forces people into poverty, it forces them to lose their jobs, smes are getting. they don't have any future, and they're not going to succeed. austerity kills. some of my members from my group have got that message across to you before this mean. and i would refer you to the social rights and committee of the council, the council of your. it suggested a number of measures on a member and where they infringed the social charter. that
we've had today obama's victory, the 95th anniversary of the october revolution, the great socialist day, and you've touched and the historical events. [speaking in native tongue] >> translator: well, i don't really want to cover revolution to cause such enthusiasm in the aisles. well, i mentioned it because you, like me, experience the winds of change in 1989. and one of the consequences was a system where there was social freedoms, individual freedoms, something that those two things...
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Nov 12, 2012
11/12
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we have had today obama's victory and this anniversary of the october revolution and you have touched on other historical events. [inaudible] >> ms. zimmer. >> translator: i really don't want the october revolution to cause such enthusiasm in the aisles. i mentioned it because you, like me, experience the winds of change in 1989 and one of the consequences was a system where there was social freedom, individual freedoms. that is something -- those two things could work together for any length of time and now the policy that has been adopted with greece and other countries in the periphery of europe, policy of austerity that forces people to lose property and forces them to lose their jobs. economies are failing and they don't have any future and they are not going to succeed. austerity kills. sum some of the members from my group have gotten that message across to you before this meeting and i would refer you to the social rights committee of the council of europe. they have suggested a number of measures. there was a memorandum on greece, where they infringed the social chapter. that
we have had today obama's victory and this anniversary of the october revolution and you have touched on other historical events. [inaudible] >> ms. zimmer. >> translator: i really don't want the october revolution to cause such enthusiasm in the aisles. i mentioned it because you, like me, experience the winds of change in 1989 and one of the consequences was a system where there was social freedom, individual freedoms. that is something -- those two things could work together for...
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take a look at this romney campaign ad slamming president obama. >> obama took a gm and chrysler into bankruptcy and sold chrysler to italians who were going to build jeeps and china. mitt romney will fight for every american job. gerri: and the left out swinging today claiming the ad is inaccurate, including joe biden who called it flagrantly dishonest. my next guest says romney has it right. here to explain, associate fellow for the national legal and policy center. great to have you back. always a pasure to have you on the show. this all came out of a report in bloomberg. let me read you what the road and read your response. european sales, the ceos, sergio marchini, considering building chrysler models in italy, including jeeps, for export to north america. now, is that true or is that false? >> that is absolutely true, and prior to that there was a bloomberg report that did say that the yacht was going to be building jeeps in china, possibly old jeeps, so that is where the governor romney got that information. now, there was one slight inaccuracies under the romney and where he s
take a look at this romney campaign ad slamming president obama. >> obama took a gm and chrysler into bankruptcy and sold chrysler to italians who were going to build jeeps and china. mitt romney will fight for every american job. gerri: and the left out swinging today claiming the ad is inaccurate, including joe biden who called it flagrantly dishonest. my next guest says romney has it right. here to explain, associate fellow for the national legal and policy center. great to have you...
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Nov 30, 2012
11/12
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>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at the top of this hour and as we always say, time is money and here in 30 seconds is what else we've got for you this friday morning. a man whose company managed to power an eetire island with green energy, but it was all privately funded, no subsidies, very small scale, but no subsidies, private throughout. we'll have that man sitting next to me on the set. angry staten island residents lash out at fema, they feel like they've been forgotten. we'll show you that video. illinois has had a huge pension problem, what does it do? created a cartoon snake, squeezy the pension python, and w
>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at...
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Nov 11, 2012
11/12
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that one month before this september 11th attack, already the consulate in benghazi was telling the obama administration, hey, we do not have a good security situation here. it is deteriorating badly. we have ten of them around our consulate, islamic jihadists are surrounding us. >> problem is cables you are referencing the august 16th cable. right up to the day he died. whole thing i'll go to you congressman rooney. saying that libya has been normalized and we don't need all the security, do you think you will get straight answers with the house intel committee that you are on? >> i hope so. certainly the week has been thrown on the ear with the announcement on friday. i do believe that we've had a very good working relationship with the intelligence community over the last several years. i think that the information that we get and we have gotten has been adequate. i do believe that when you see the facts come out, at least i'm hopeful that the intelligence community is not going to be the problem here. it will be other elements that the chairwoman is probably going to have to deal with
that one month before this september 11th attack, already the consulate in benghazi was telling the obama administration, hey, we do not have a good security situation here. it is deteriorating badly. we have ten of them around our consulate, islamic jihadists are surrounding us. >> problem is cables you are referencing the august 16th cable. right up to the day he died. whole thing i'll go to you congressman rooney. saying that libya has been normalized and we don't need all the...
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Nov 11, 2012
11/12
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FOXNEWS
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was general petraeus a sacrifice for the obama administration after the libya debacle. i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. i can adjust it if i need to...if my back's a little more sore. and by the time i get up in the morning, i feel great! if you have back pain, toss and turn at night or wake up tired with no energy, the sleep number bed could be your solution. the sleep number bed's secret is it's air chambers which provide ideal support and put you in control of the firmness. and the bed is perfect for couples because each side adjusts independently to their unique sleep number. here's what clinical research has found: ® 93% of participants experienced back-pain relief. ® 90% reported reduced aches and pains. ® 87% fell asleep faster and enjoyed more deep sleep. for study summaries, call this number now. we'll include a free dvd and brochure about the sleep number bed including prices, and models plus a free $50 savings card. and how a
was general petraeus a sacrifice for the obama administration after the libya debacle. i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. i can adjust it if i need to...if my back's a little more sore. and by the time i get up in the morning, i feel great! if you have back pain, toss and turn at night or wake up tired with no energy, the sleep number bed could be your solution. the...
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Nov 14, 2012
11/12
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obama welcoming business leaders. he has had a difficult relationship with wall street throughout the course of his tenure. some of business leaders as well. trying to avert the fiscal cliff by raising taxes. how will that be received? are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may b
obama welcoming business leaders. he has had a difficult relationship with wall street throughout the course of his tenure. some of business leaders as well. trying to avert the fiscal cliff by raising taxes. how will that be received? are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. then you may be looking for help in choosing the...